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Dec 8, 2012
12/12
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particularly in real to get people out of their cars for energy for the environment. we have to be able to spend the money, 7%. 2.5 years after stimulus we only had $67 billion. 35% was still sitting in washington. we have to change the law. there's some things express and the government accountability report on the selection of some of these projects. their release this march of 2011. specifically at -- bay released this march of 2011. specifically they said there were concerns about transparency and other issues with it. they cannot verify some of the criteria by which some of these projects were selected. can you cite any improvement in that process? you were citing a number of projects but also criticized by gao for the process. >> we tried to improve our decision making process. we have tried to use the governors as our partners on these projects. receiving proposals from them and from the state's and working with them -- states and working with them. try to improve our process for selecting projects. >> the other most recent report by the inspector general, rele
particularly in real to get people out of their cars for energy for the environment. we have to be able to spend the money, 7%. 2.5 years after stimulus we only had $67 billion. 35% was still sitting in washington. we have to change the law. there's some things express and the government accountability report on the selection of some of these projects. their release this march of 2011. specifically at -- bay released this march of 2011. specifically they said there were concerns about...
115
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Dec 10, 2012
12/12
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working on new technologies and new energies to have a robust economy. we're not going to grow more than 2%, which is current growth rate unless we innovate more. that will require entrepreneurs. we will not get unemployment down significantly below 8% unless we innovate more. as mark said at the beginning, almost all of the net jobs in the last 30 years have been created by young, high-growth companies so this is the place to focus. >> right here. second row. >> thank you. my name is ed bell from alexandria. i'm proud father of a fourth year at president sullivan's fine institution. the topic i have on my mind is at an intersection of the areas of interest of our fine panelists and that is online education. keck tivety, -- connectivity, internet, greater trend towards access education, making the great institutions that we have in this country available to people throughout our country and throughout the world either inexpensively or in many cases for free. and this creates in some sense a competitive landscape force across the world where we're actuall
working on new technologies and new energies to have a robust economy. we're not going to grow more than 2%, which is current growth rate unless we innovate more. that will require entrepreneurs. we will not get unemployment down significantly below 8% unless we innovate more. as mark said at the beginning, almost all of the net jobs in the last 30 years have been created by young, high-growth companies so this is the place to focus. >> right here. second row. >> thank you. my name...
146
146
Dec 10, 2012
12/12
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we could see a recurrence of the energy crisis, where i first met mr. peterson. which completely blindsided the government. what can we do to get this out in a clear way? >> your the chairman. >> this is a subject i have thought about. i tend to think the two possible crises -- one is a short to medium term crisis. in which, as we experience partly at the time of the debt limit and the super committee debacle, financial markets lose confidence in our country and you have eight european or many -- a mini-european stock prices. at which point it is hard to get money, interest rates go up and so forth. even in the best case, if we do not take action you have a long- term growth crisis. what does it take for us to grow? it takes investment in the future. it takes investment in equipment and r&d and science and education and infrastructure and so forth. the question many people do not want to consider is, where do we get those resources with those enormous debts? i asked our research department if they would make a reasonable prediction of how important interest costs
we could see a recurrence of the energy crisis, where i first met mr. peterson. which completely blindsided the government. what can we do to get this out in a clear way? >> your the chairman. >> this is a subject i have thought about. i tend to think the two possible crises -- one is a short to medium term crisis. in which, as we experience partly at the time of the debt limit and the super committee debacle, financial markets lose confidence in our country and you have eight...
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Dec 9, 2012
12/12
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with the lower cost of energy. but we need government to encourage these job opportunities, not continue to block them. a return to sound monetary policy would also help by making the future value of a dollar more predictable. and we must get the cost of health insurance under control. you should be able to get a health care plan that fits your needs and your budget, from any company in america that's willing to sell it to you, and with the same tax benefit if you buy it yourself or have an employer buy it for you. these ideas will help create middle class jobs. but we also have to make sure that our people have the skills to do these new jobs. and a limited government can help by promoting curriculum reform, teacher training and empowering parents with the freedom to choose their kids' school. our tax code should reward education investments the same way companies are encouraged to invest in equipment. let's encourage career, technical and vocational education, stop discriminating against online courses, encourage
with the lower cost of energy. but we need government to encourage these job opportunities, not continue to block them. a return to sound monetary policy would also help by making the future value of a dollar more predictable. and we must get the cost of health insurance under control. you should be able to get a health care plan that fits your needs and your budget, from any company in america that's willing to sell it to you, and with the same tax benefit if you buy it yourself or have an...